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2oioo95s1 THIS SECURITY INSTRUMENT combines uniform covenants for national use and non-uniform covenants with limited vaziations by jurisdiction to constitute a uniform security instruuaent covering r�al property. UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows: 1. Payment of Principal, Interest, Escrow Items, Prepayment Charges, and Late Charges. Boz�rower shall pay when due the principal of, and interest on, the debt evidenced by the Note and any prepayment charges and late charges due under the Note. Borrower sha11 also pay funds for Escrow Items pursuant to Section 3. Payments due under the Note ax�d this Security Instrument shall be made in U.S. currency. However, if any check or other instrument received by L.ender as payment under the Nate or this Security Instrument is returned to Lender unpaid, L.ender may require that any or all subsequent payments due under the Note and this Security Instnunent be made in one or rnore of the fallowing foxms, as selected by Lender: (a) cash; (b) money order; (c) certified check, bank check, treasurer's check or cashier's check, provided any such check is drawn upon an institution whose deposits are insured by a federal agency, instnunentality, or entity; or (d) Electronic Funds Transfer. Payments are deemed received by I.ender when received at the location designated in the Note or at such other location as may be designated by Lender in accordance with the notice provisions in Section 15. L.ender may return any payzz�ent or partial payment if the payment or partial payments are insufficient to bring the Loan current. Lender may accept any payment ar partial payrnent insuf�cient to bring the Loan current, without waiver of any rights hereunder or prejudice to its rights to refuse such payment or partial pay�►ents in the future, but Lender is not oblzgated to apply such payments at the time such payments are accepted. If e�h Periodic Payment is applied as of its scheduled due date, then Lender need not pay interest an unapplied funds. Lender may hold such unapplied funds until Borrower makes payments to bring the Loan current. If Horrower does not do so within a rea5ociable perio�d of cime, Lender shall either apply such feinds or rettun them to Borrower. If not applieci eartier, such furids wiTl be applied to the vutstanding prineipai ba[ance under the Note im�nediate[y priar ta foreclosure. No offset ar claim which Borrower naight have now ar in the future agausst Lender sha11 reIieve Eorrower fram nnal�ing payzc�nts due ur�er tt�e Note and this Security IIIStnmae�rt nr perfonmi,ng the covenants and �ts secured by this S�y Instt�extt. 2. Apptiex�t�iian t►f Fay�rts or �. �cept as otY►erwise deserib�ed in this Section 2, aII payments acceptec� axtd applied by �.ende� shaIl be applied iu the following order of priority: (a) interest due under the Note; (b) prirtcipai dne under the Note; (c) amounts due tu�der Section 3. Such payments shall be applied to each Periodic Payt�tent in the order in which it becam,e due. Any remaining arnounts shall be applied first to late charges, second to any other amounts due under this Security Instrument, and then to reduce the principal balance of the Note. If Lender receives a payment from Borrower for a delinquent Periodic Payrnent which includes a sufficient amount to pay any late charge due, the payrnent may be applied to the delinquent payrnent and the late chazge. If r►�ore than one Periodic Payment is outstanding, Lender may apply any payrnent received frorn Borrower to the repayment of the Periodic Payments if, and to the extent that, each payment can be paid in full. To the extent that auy excess exists after the payment is applied to the full payment of one or more Periodic Fayznents, such excess may be applied to any late charges due. Voluntary prepayments shall be applied first to any prepayment charges and then as described in the Note. Any application of payments, insurance proceeds, or Miscellaneous Proceeds to principal due under the Note shall not extend or postpone the due date, or change the amount, of the Periodic Payments. 3. Ftinds for Eserow Items. Borrower shall pay to L,ender on the day Periodic Payments are due under the Note, until the Nate is paid in full, a surn (the "Funds") to provide for payment of amounts due for: (a) taxes and assessments and other items which can attain priority over this Security Instrument as a lien or encumbrance on the Property; (b) leasehold payments or ground rents on the Property, if any; (c) premiums for any and all insurance required by I.ender under Se�tion 5; and (d) Mortgag� Insurance NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT �-B(NE) losi i i Page 4 of 15 inic�ai : � Form 3028 1/01 � ►A� � iFj.��.,�� i